Lincolnshire · Lake County · IL
Homes for sale in
Rivershire.
- Active listings
- 0
- Median list
- $774K
- Avg time on market
- 33 days
- Sold · last year
- 11
Active listings
0 homes on the market
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About the community
A gated, mixed-housing community wrapped around the Des Plaines River.
Rivershire is an established, gated community in the Village of Lincolnshire in southeastern Lake County, set east of Milwaukee Avenue (Route 21) and south of Half Day Road (Route 22) along the Des Plaines River corridor. It is unusual for the area in that it blends detached single-family homes, attached townhomes, and a mid-rise condominium building inside one controlled-access enclave, built out from roughly the mid-1970s into the mid-1990s. The setting is mature and wooded, quiet and low-turnover, and its signature draws are the gated privacy, a genuine amenity package, and an attendance area anchored by one of the top-rated public high schools in Illinois.
At a glance
Gated, controlled access
A controlled-access entrance, uncommon in the immediate area, is a large part of the appeal for privacy and security.
Mixed housing types
Detached single-family homes, attached townhomes, and a mid-rise condominium building, roughly 1,500 to 4,700+ square feet.
Pool, clubhouse, tennis
A community pool, clubhouse and party room, tennis courts, and a fitness room, plus trails and picnic areas.
Stevenson High School
Feeds Lincolnshire-Prairie View District 103 and Adlai E. Stevenson High School District 125, among the top-rated in Illinois. Confirm by address.
River corridor setting
Mature trees and green space along the Des Plaines River, with a wooded, parklike feel throughout.
Metra and I-94
Prairie View station on the North Central Service line is nearby, with the I-94 interchange at Half Day Road just to the east.
Shopping minutes away
Lincolnshire Commons and City Park at Lincolnshire, with retail and dining along Milwaukee Avenue, are close by.
What’s close
Rivershire sits at the crossroads of Half Day Road, Milwaukee Avenue, and I-94 in Lincolnshire, close to shopping, corporate campuses, and the tollway.
- Amenities on-site
- A community pool, clubhouse and party room, tennis courts, a fitness room, trails, and picnic areas within the gated grounds.
- Schools
- Lincolnshire-Prairie View District 103 for elementary and middle (Sprague, Half Day, and Daniel Wright) and Adlai E. Stevenson High School District 125. Confirm the exact assignment by address.
- Shopping
- Lincolnshire Commons and City Park at Lincolnshire, plus additional big-box and grocery retail along Milwaukee Avenue, all minutes away.
- Hospital
- Advocate Condell Medical Center in Libertyville and Northwestern Medicine Lake Forest Hospital are the closest full-service hospitals, each a short drive.
- Train
- Prairie View station on Metra's North Central Service line, next to Stevenson High School, offers weekday service toward Chicago Union Station.
- Highway
- Half Day Road (Route 22) and Milwaukee Avenue (Route 21), with the I-94 Tri-State Tollway interchange at Half Day Road just east.
What it’s actually like to live here
Rivershire appeals to buyers who want a Lincolnshire address and the Stevenson High School attendance area without committing to a large-lot estate. Because it mixes detached homes, townhomes, and condominiums behind one gated entrance, it draws a genuinely mixed group: empty-nesters and downsizers who want a lock-and-leave condo or townhome with amenities, alongside families in the larger detached models who want the schools and the security of controlled access. The setting is mature and green, wrapped around the Des Plaines River, with a pool, clubhouse, tennis, and trails and a quiet, low-turnover feel.
Day to day, you are minutes from Lincolnshire Commons, City Park, and the I-94 on-ramp, so errands and the commute are both short, and the surrounding corporate corridor makes for an easy reverse-commute for many residents. The nearest commuter rail is Prairie View station on the North Central Service line, sitting next to Stevenson High School, and the tollway interchange at Half Day Road puts the rest of the region within reach.
The honest tradeoffs are worth stating plainly. This is a homeowners-association community, and for the condominium and townhome products those monthly assessments can be substantial, so read the specific association's budget and reserves rather than just the headline dues. The housing stock is largely from the late 1970s through the 1990s, so some homes will reward updating, and Lake County property taxes are high in absolute terms. Set against those, the schools, the gated privacy, the amenities, and the location tend to keep Rivershire desirable across market cycles.
The questions buyers actually ask
Rivershire FAQ
The questions I get most from buyers shopping Rivershire. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Rivershire is governed by more than one association tied to its different housing types, including a condominium association and separate homeowners associations. Monthly assessments vary widely by product, from the lower hundreds for some homes up to roughly a thousand dollars or more for the condominium units, because the condo assessments cover far more. Dues generally fund gated and controlled access, common-area and grounds maintenance, and the shared recreation amenities, with the condominium building adding building-level services. Request the specific association's current budget, assessment, reserve study, and rules for the exact unit, since obligations differ sharply between a detached home and a condo here.
- What are property taxes like?
- Roughly $12,000 – $20,000 per year, depending on home size and value. Lake County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Is Rivershire really a gated community?
- Yes. It is a controlled-access, gated community, which is relatively uncommon in the immediate area and is a large part of its appeal for privacy and security.
- What kinds of homes are in Rivershire?
- It blends detached single-family houses, attached townhomes, and condominiums in a mid-rise building, roughly 1,500 to 4,700+ square feet, all inside one gated enclave built from the mid-1970s into the mid-1990s.
- What schools would my children attend?
- Elementary and middle school are in Lincolnshire-Prairie View District 103 (Laura B. Sprague, Half Day, and Daniel Wright Junior High), and high school is Adlai E. Stevenson High School in District 125, one of the top-rated in Illinois. Confirm the exact assignment for a specific address with the districts.
- How much are the HOA dues and what do they cover?
- Dues vary by housing type, from the lower hundreds per month for some homes up to roughly a thousand dollars or more for the condominium units, since the condo assessments cover building services and more amenities. Rivershire has more than one association, so request the current budget, assessment, reserve study, and rules for the exact unit.
- What do homes cost and how is the market?
- Because Rivershire mixes condos, townhomes, and detached houses, pricing spans a wide range and the market moves. Rather than quote a figure that goes stale, see the live Market snapshot on this page, which pulls current listing and sale activity directly from the MLS.
- How is the commute and access to highways and trains?
- Very convenient. You are on Half Day Road (Route 22) and Milwaukee Avenue, with the I-94 Tri-State Tollway interchange at Half Day Road just to the east. The nearest Metra station is Prairie View on the North Central Service line, next to Stevenson High School, for rail service toward downtown Chicago.
- Who is the real estate agent for Rivershire?
- Joe Keegan is the local licensed Illinois real estate broker who covers Rivershire in Lincolnshire, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Rivershire specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Rivershire
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Lincolnshire specialist
- Honest local market take
- Brokerocity
Market snapshot
Rivershire, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$774,450
Typical sale price · last 90 days
$607,000
Avg time on market
33 days
Sold in the last year
11
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period September 10, 2025 through September 10, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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Schools serving Rivershire
Where Rivershire homes go to school
Homes in Rivershire are most often zoned to Stevenson HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
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